reputation of the underwriters associated with the IPOs. Previous work in this area has shown that use of reputable underwriters … for the IPO leads to less short-run underpricing. Data used in this analysis were collected from 2,292 IPOs that were … million. Three ways of measuring underwriter reputation are considered: the measure developed by Johnson and Miller, the …

In this paper, it is defined that how the IPOs are affected by the underwriter reputation. What will happen to IPOs who …

reputation has implications for both underwriter activities during the underwriting process and investor returns ….Underwriter reputation is a positive but weakly determinant of pre-market underwriter activities, unrelated to aftermarket price … reputation and market activities, and for which path analysis can be drawn about the IPO as a set of process and investor returns …